Nasdaq (NDAQ) EBT (2009 - 2026)
Nasdaq (NDAQ) recorded EBT of $653 million in Q2 2026, up 19.2% from $548 million a year earlier but down 3.5% from the prior quarter.
Nasdaq (NDAQ) EBT (2009 - 2026) Analysis & Trends
On a TTM basis, Nasdaq's EBT came in at $2.44 billion as of Jun 30, 2026, up 33.2% year-over-year; for FY2025, it came in at $2.15 billion, up 48.0% from FY2024.
- Annual EBT has a five-year compound annual growth rate of 12.1% (FY2020 to FY2025).
- Across earlier years, EBT came in at $1.45 billion in FY2024 (+3.4%), $1.4 billion in FY2023 (-5.0%), $1.48 billion in FY2022 (-3.8%) and $1.53 billion in FY2021 (+26.6%).
- Quarterly EBT has ranged from $278 million in Q4 2023 to $677 million in Q1 2026 over the past five years.
- On a year-over-year basis, EBT has increased for seven consecutive quarters, with growth averaging 38.1% over the last eight quarters.
- Peak year-over-year performance for EBT in the last five years was growth of 60.7% in Q2 2025, against a decline of 21.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $677 million (Q1 2026), $580 million (Q4 2025) and $529 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Robinhood Markets | 104.48 Bn | 85.58 Bn | - | 709.00 Mn |
| 2 | Bank of New York Mellon | 99.71 Bn | 39.09 Bn | - | 2.27 Bn |
| 3 | Cme | 94.57 Bn | 94.57 Bn | - | 1.33 Bn |
| 4 | Intercontinental Exchange | 85.38 Bn | 79.19 Bn | - | 1.29 Bn |
| 5 | Nasdaq | 51.62 Bn | 49.05 Bn | 1.50 Bn | 653.00 Mn |
| 6 | State Street | 48.84 Bn | 48.84 Bn | - | 1.39 Bn |
| 7 | Interactive Brokers | 38.83 Bn | 32.29 Bn | - | 1.46 Bn |
| 8 | Northern Trust | 31.65 Bn | 31.65 Bn | - | 1.06 Bn |
| 9 | Cboe Global Markets | 27.38 Bn | 19.03 Bn | 731.60 Mn | 494.70 Mn |
| 10 | LPL Financial Holdings | 24.26 Bn | 19.58 Bn | - | 515.50 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 653.00 Mn |
| Mar 31, 2026 | 677.00 Mn |
| Dec 31, 2025 | 580.00 Mn |
| Sep 30, 2025 | 529.00 Mn |
| Jun 30, 2025 | 548.00 Mn |
| Mar 31, 2025 | 488.00 Mn |
| Dec 31, 2024 | 439.00 Mn |
| Sep 30, 2024 | 356.00 Mn |
| Jun 30, 2024 | 341.00 Mn |
| Mar 31, 2024 | 312.00 Mn |
| Dec 31, 2023 | 278.00 Mn |
| Sep 30, 2023 | 391.00 Mn |
| Jun 30, 2023 | 337.00 Mn |
| Mar 31, 2023 | 396.00 Mn |
| Dec 31, 2022 | 322.00 Mn |
| Sep 30, 2022 | 382.00 Mn |
| Jun 30, 2022 | 397.00 Mn |
| Mar 31, 2022 | 374.00 Mn |
| Dec 31, 2021 | 314.00 Mn |
| Sep 30, 2021 | 371.00 Mn |
Nasdaq EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=NDAQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "NDAQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=NDAQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();